Total net sales at Zumiez, for the first quarter ended May 5, 2018
increased 13.9 percent to 206.3 million dollars from 181.2 million dollars
in the first quarter ended April 29, 2017. Comparable sales for the
period increased 8.3 percent compared to 1.8 percent for the thirteen weeks
ended April 29, 2017. Net loss in the first quarter was 2.6 million
dollars or 0.10 dollar per diluted share, compared to 4.4 million dollars
or 0.18 dollar per diluted share, in the same quarter of the prior fiscal
year.

“Our new fiscal year is off to a very good start,” commented Rick
Brooks, Chief Executive Officer of Zumiez Inc in a statement, adding, “With
comparable sales increasing 8.3 percent, we generated significant expense leverage
and dramatically improved our bottom line performance year-over-year.”

May 2018 sales at Zumiez rise 12.2 percent

Total net sales for the four-week period ended June 2, 2018 increased
12.2 percent to 59.7 million dollars, while the comparable sales increased
7.5 percent compared to a comparable sales increase of 3.3 percent for the
four-week period ended May 27, 2017.

For the three months ending August 4, 2018, net sales are projected to
be in the range of 213 million dollars to 217 million dollars including
anticipated comparable sales growth of between 3 percent and 5
percent. Consolidated operating margins are expected to be between 1.2
percent and 2 percent resulting in net income per share of
approximately 0.04 dollar to 0.09 dollar. The company currently intends to
open approximately 13 new stores in fiscal 2018, including up to six stores
in the United States, five stores in Europe and two stores in Australia.